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Company Profile

CommunityOne Bancorp operates as the bank holding company for CommunityOne Bank, N.A. and Bank of Granite, which provide consumer, wealth management, mortgage, and business banking services to individual and business customers in North Carolina. The company’s deposit products include demand deposits, savings deposits, money market deposits, and time deposits. Its loan portfolio comprises commercial and agricultural, real estate construction, real estate mortgage, and consumer loans. The company also offers cash management, investment management, and trust services. As of March 1, 2013, CommunityOne Bank, N.A. operated 44 branches in 37 communities throughout central, southern, and western North Carolina; and Bank of Granite operated 17 branches in North Carolina. The company was formerly known as FNB United Corp. and changed its name to CommunityOne Bancorp in April 2013. CommunityOne Bancorp was founded in 1906 and is headquartered in Asheboro, North Carolina.